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Emmanuel Saez

The Great Divergence

Harlan Green | Posted 02.15.2014 | Business
Harlan Green

The so-called "minimalist" budget deal just reached by Congress is another illustration of the great divergence in wealth distribution of recent year...

Equality Is Good For Everyone!

Harlan Green | Posted 01.25.2014 | Business
Harlan Green

It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, Cali...

Wealth Taxes to Cure Inequality? How About Tax Reform Instead.

Joseph J. Thorndike | Posted 09.23.2013 | Politics
Joseph J. Thorndike

What are the prospects for a new federal tax on wealth? Pretty good, if you think surging inequality will trigger a populist revolt. But not so good i...

The Sequester Dilemma--How Much Is Too Much Austerity?

Harlan Green | Posted 04.24.2013 | Business
Harlan Green

Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some $85 Billion to the federal budget.

State of the Union -- Why So Few New Jobs?

Harlan Green | Posted 04.17.2013 | Business
Harlan Green

The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.

The Hunger Games Are Coming

Harlan Green | Posted 03.19.2013 | Business
Harlan Green

The Hunger Games is a riveting portrayal of how the young see the modern world, where a privileged elite has a "Stalin-like" control over who lives in plenty or poverty in a post-apocalyptic North America. The young just coming of age are not far from the truth.

Income Inequality Worse Under Obama Than George W. Bush

The Huffington Post | Alexander Eichler | Posted 04.11.2012 | Business

President Obama may talk a big game about economic fairness, but his record on the issue doesn't quite match up. There are lots of reasons to think...

We Have to Choose What Kind of a People We Are

Rev. Jesse Jackson | Posted 05.13.2012 | Politics
Rev. Jesse Jackson

We can't simply tell a young generation that the American Dream is a nightmare for them. We can't have a prosperous economy if the middle class is sinking. We will not long be a democracy if the wealthiest pocket the rewards and check out of building the nation.

How American Income Inequality Hit Levels Not Seen Since The Depression

Posted 10.19.2012 | Business

WASHINGTON (Reuters, By Emily Kaiser) - In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark sin...

RT @huffbusiness Wall Street Bonuses Vs. Normal Wages: An EXTREMELY Disturbing Chart

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

It may be hard to believe but there was a time, almost 25 years ago, when Wall Street and Main Street weren't so far apart -- at least when it came to...

Top 1 Percent Of Americans Reaped Two-Thirds Of Recent Income Gains

Center on Budget and Policy Priorities | Avi Feller and Chad Stone | Posted 05.25.2011 | Business

Two-thirds of the nation's total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger s...

Income Inequality Is At An All-Time High: STUDY

Posted 05.25.2011 | Business

Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...

Income Inequality Is Increasing: Economist

economicprincipals.com | David Warsh | Posted 05.25.2011 | Business

Emmanuel Saez, 36, a public economics expert teaching at the University of California at Berkeley, was awarded the 2009 John Bates Clark Medal last we...